Red Door Wealth Management LLC Invests $486,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Red Door Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,008 shares of the company’s stock, valued at approximately $486,000.

Several other large investors have also recently bought and sold shares of the company. Mendota Financial Group LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC acquired a new stake in VanEck Semiconductor ETF during the third quarter worth approximately $29,000. Pathway Financial Advisers LLC increased its position in shares of VanEck Semiconductor ETF by 194.2% in the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after purchasing an additional 101 shares during the period. Finally, PSI Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $39,000.

VanEck Semiconductor ETF Stock Down 0.1 %

NASDAQ SMH opened at $266.85 on Friday. The business’s fifty day moving average is $247.81 and its 200 day moving average is $245.83. VanEck Semiconductor ETF has a twelve month low of $184.15 and a twelve month high of $283.07. The company has a market cap of $25.31 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. The ex-dividend date was Monday, December 23rd.

VanEck Semiconductor ETF Company Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.